San Diego Open Bankruptcy Car Financing

San Diego Open Bankruptcy Car Financing

San Diego Open Bk Car Financing

Are you in San Diego and stuck needing car financing in bankruptcy? Well you are not alone. There are many San Diego residents looking for open bk car loans, and the good news is…they are possible! Here at we help bankrupt people get into a new or used car loan regardless of if their bankruptcy is discharged or not.

Requirements for Open Bankruptcy Car Loans in San Diego

The first requirement is completing your 341 meeting (for chapter 7 cases). No San Diego lender will consider a car loan until this meeting has happened. The next is getting approval form your trustee and judge. You must obtain an “Authorization to Incur Additional Debt” letter from the bankruptcy judge and bring it to the dealership with you.

Below are additional requirements to obtain financing while going through the bankruptcy process. If you meet these minimum requirements, we can get you set up with a San Diego lender near you that will help you get the best auto loan after bankruptcy filing for your budget. Be prepared though, you will have higher interest rates than you did pre-bankruptcy, or if you waited until your bankruptcy was discharged.

Additional Requirements

  • At least one year with your current employer
  • Minimum gross monthly income of $1,500
  • Money down may be required
  • No repo in the last year unless part of a bankruptcy
  • No motorcycle or private party purchases
  • Must reside in the United States or Canada


Apply for San Diego Auto Financing During Bk

After you have completed the above steps you may then complete and submit our online application for auto financing during bk. We will then send your application to a San Diego, CA dealer accepting bankruptcy clients near you, and you will be contacted to schedule an appointment and you could be parking your new or used car in your driveway in a few short days. We do all the research for you, all you need to do is the driving!

Remember we are not lawyers and cannot give legal advice. The situations discussed are only our experiences over the years and may vary with each customer.

Auto Loans After Bankruptcy

Apply & Drive Today